https://www.taxtmi.com/caselaws?id=35940 Remuneration received by a karta from a private company was held to be assessable as his individual income, not as the income of the Hindu undivided family, because the payment was found to be compensation for his personal qualifications, experience, and services. The family shareholding was not established as the real source of the remuneration, and there was no necessary nexus between family funds and the salary received. Where a coparcener's remuneration is in substance personal compensation rather than a return on family investment, it is taxable in his individual hands. en-us Mon, 26 Nov 1979 00:00:00 +0530 Thu, 18 Mar 2010 11:08:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35940 Remuneration received by a karta from a private company was held to be assessable as his individual income, not as the income of the Hindu undivided family, because the payment was found to be compensation for his personal qualifications, experience, and services. The family shareholding was not established as the real source of the remuneration, and there was no necessary nexus between family funds and the salary received. Where a coparcener's remuneration is in substance personal compensation rather than a return on family investment, it is taxable in his individual hands. Case-Laws Income Tax Mon, 26 Nov 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35940